Feb 19 Enbridge delivers a strong quarter and boosts dividend

The company declared a C$378 million profit and boosted its dividend by 15% to $2.12/share. Enbridge delivered 14 projects worth $8 billion 2015 and has another $18 billion worth of projects on the books.

The company estimates that Western Canada's pipeline capacity is short 500,000 bbl/day through 2021 due to new oil sands projects coming online in the next 5 years.